ARSVX vs. GWGIX
ARSVX (AMG River Road Small Cap Value Fund) and GWGIX (AMG GW&K Small/Mid Cap Fund) are both mutual funds - ARSVX is a Small Cap Value Equities fund managed by AMG, while GWGIX is a Mid Cap Growth Equities fund managed by AMG. Over the past 10 years, ARSVX returned 9.64%/yr vs 10.82%/yr for GWGIX. Their correlation of 0.87 means they have usually moved in the same direction. ARSVX charges 1.35%/yr vs 0.87%/yr for GWGIX.
Performance
ARSVX vs. GWGIX - Performance Comparison
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Returns By Period
In the year-to-date period, ARSVX achieves a 9.41% return, which is significantly lower than GWGIX's 16.88% return. Over the past 10 years, ARSVX has underperformed GWGIX with an annualized return of 9.64%, while GWGIX has yielded a comparatively higher 10.82% annualized return.
ARSVX
- 1D
- -1.26%
- 1M
- 1.88%
- 6M
- 7.91%
- YTD
- 9.41%
- 1Y
- 2.62%
- 3Y*
- 6.77%
- 5Y*
- 5.53%
- 10Y*
- 9.64%
- ALL TIME*
- 8.23%
GWGIX
- 1D
- 1.21%
- 1M
- -0.97%
- 6M
- 11.39%
- YTD
- 16.88%
- 1Y
- 20.97%
- 3Y*
- 10.96%
- 5Y*
- 5.66%
- 10Y*
- 10.82%
- ALL TIME*
- 10.95%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
ARSVX vs. GWGIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ARSVX AMG River Road Small Cap Value Fund | 9.41% | -7.36% | 14.05% | 14.86% | -6.49% | 21.14% | 1.84% | 38.29% | -6.96% | 11.73% |
GWGIX AMG GW&K Small/Mid Cap Fund | 16.88% | 1.53% | 10.85% | 14.76% | -18.09% | 26.01% | 23.31% | 31.02% | -8.14% | 15.44% |
Correlation
The correlation between ARSVX and GWGIX is 0.71, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.71 |
Correlation (3Y) Balances recent behavior with more history. | 0.84 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.88 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.87 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 2016 | 0.87 |
The correlation between ARSVX and GWGIX shifts across timeframes, from 0.71 (1 year) to 0.88 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
ARSVX vs. GWGIX — Risk / Return Rank
ARSVX
GWGIX
ARSVX vs. GWGIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AMG River Road Small Cap Value Fund (ARSVX) and AMG GW&K Small/Mid Cap Fund (GWGIX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ARSVX | GWGIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.09 | ||
| Sortino ratioReturn per unit of downside risk | -1.53 | ||
| Omega ratioGain probability vs. loss probability | 1.02 | 1.20 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | 0.00 | 1.97 | -1.96 |
| Martin ratioReturn relative to average drawdown | 0.01 | 6.48 | -6.48 |
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Drawdowns
ARSVX vs. GWGIX - Drawdown Comparison
The maximum ARSVX drawdown since its inception was -54.85%, which is greater than GWGIX's maximum drawdown of -37.41%. Use the drawdown chart below to compare losses from any high point for ARSVX and GWGIX.
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Drawdown Indicators
| ARSVX | GWGIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.85% | -37.41% | -17.44% |
Max Drawdown (1Y)Largest decline over 1 year | -16.62% | -9.90% | -6.72% |
Max Drawdown (3Y)Largest decline over 3 years | -19.21% | -25.85% | +6.64% |
Max Drawdown (5Y)Largest decline over 5 years | -19.21% | -27.18% | +7.97% |
Max Drawdown (10Y)Largest decline over 10 years | -40.52% | -37.41% | -3.11% |
Current DrawdownCurrent decline from peak | -4.76% | -3.02% | -1.74% |
Average DrawdownAverage peak-to-trough decline | -8.67% | -6.89% | -1.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.52% | 2.99% | +5.53% |
Volatility
ARSVX vs. GWGIX - Volatility Comparison
AMG River Road Small Cap Value Fund (ARSVX) and AMG GW&K Small/Mid Cap Fund (GWGIX) have volatilities of 3.91% and 3.80%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ARSVX | GWGIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.91% | 3.80% | +0.11% |
Volatility (6M)Calculated over the trailing 6-month period | 9.19% | 13.21% | -4.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.04% | 17.86% | -0.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.81% | 19.95% | -2.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.31% | 20.19% | -0.88% |
ARSVX vs. GWGIX - Expense Ratio Comparison
ARSVX has a 1.35% expense ratio, which is higher than GWGIX's 0.87% expense ratio.
Dividends
ARSVX vs. GWGIX - Dividend Comparison
Neither ARSVX nor GWGIX has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ARSVX AMG River Road Small Cap Value Fund | 0.00% | 0.00% | 8.50% | 4.78% | 3.87% | 7.75% | 0.00% | 12.10% | 13.01% | 14.96% | 4.96% | 6.51% |
GWGIX AMG GW&K Small/Mid Cap Fund | 0.00% | 0.00% | 0.95% | 0.19% | 4.22% | 5.45% | 0.12% | 0.37% | 2.48% | 1.46% | 0.05% | 0.00% |
Frequently Asked Questions
ARSVX and GWGIX have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ARSVX has higher volatility (3.91%) compared to GWGIX (3.80%). In terms of maximum drawdown, ARSVX dropped -54.85% vs GWGIX's -37.41%.
GWGIX currently has the higher Sharpe Ratio (1.09 vs 0.00), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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